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chief economic correspondent for politico, ben white. jen bendry of the huffington post. partisan ranker and frustration all around, we've arrived at the fiscal cliff. the senate, which was expected to hold an up and down vote on a final bare bones budget deal last night wasn't quite able to make it happen. harry reid gave us problem or lack thereof. >> there are two sides still apart, and negotiations are continuing as i speak. there's still more before we can bring ledges laying to the floor. what else is new? can anyone save this congress from itself? turns out the new man responsible is vice president joe biden. yep. that's right. joe biden is the latest person to be called on to try to get congress out of the straight jacket they've put themselves in. the vp and senate minority leader mitch mcconnell exchanged phone calls until midnight last night and again this morning, and appeared to be zeroing in on a tax rate compromise in the region of a $450,000 to $550,000 threshold. a higher rate than the president's earlier compromise as well as an agreement on the estate t
chief economic correspondent for politico, ben white. jen bendry of the huffington post. partisan ranker and frustration all around, we've arrived at the fiscal cliff. the senate, which was expected to hold an up and down vote on a final bare bones budget deal last night wasn't quite able to make it happen. harry reid gave us problem or lack thereof. >> there are two sides still apart, and negotiations are continuing as i speak. there's still more before we can bring ledges laying to the...
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a nationwide search was under way to locate ben and henry, they were on a holiday trip with their father in tennessee, they were supposed to return to georgia on december 24th, they never came back. during our live interview last night teresa made a desperate plea for help to find her sons. minutes after that interview, the boys called their mother, told her they were safe and that they were in austin, texas. police there tell cnn that someone at a hotel recognized the boy from the amber alert and our program and contacted police. theresa jumped on a plane to texas and was reunited with her sons just hours later. theresa and her sons have returned and they came here to our couch to share their story. she has not told them everything. but here's how our conversation went. >> tell us what happened at the hotel. >> we tried calling her, but it went to -- it seemed like her phone was shut off. and there was no -- it didn't turn -- it didn't answer. >> right. >> and then the man came in and said what? >> i forget. what man? >> the man came in and said, we've been looking for you everywhere? >
a nationwide search was under way to locate ben and henry, they were on a holiday trip with their father in tennessee, they were supposed to return to georgia on december 24th, they never came back. during our live interview last night teresa made a desperate plea for help to find her sons. minutes after that interview, the boys called their mother, told her they were safe and that they were in austin, texas. police there tell cnn that someone at a hotel recognized the boy from the amber alert...
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ben white joins us now with the very latest. ben, and the markets seemed to be very relieved but really, one of the biggest issues is still down the road, left to be contended with. >> the debt ceiling is going to be a bigger market-moving event. any deal if we get one tonight, tomorrow, the next day, it's not going to have an extension in the debt limit or raising of the debt limit and republicans aren't going to give that up. that's their wedge. >> all they got. >> which this deal is apparently not going to have much of, if any, spending cuts, that's what republicans want. they have to use the debt ceiling to get it. obama says i won't negotiate on the debt ceiling, how can he not? he has to. >> why is the it flip? when we were looking at, we opened the show, we talked about revenues and also talking about entitlement cuts, why did it flip around? why was there supposed to be $3 of cuts to every dollar of revenue and we never heard about that again. >> it's a very good question. that's what obama and boehner were talking about
ben white joins us now with the very latest. ben, and the markets seemed to be very relieved but really, one of the biggest issues is still down the road, left to be contended with. >> the debt ceiling is going to be a bigger market-moving event. any deal if we get one tonight, tomorrow, the next day, it's not going to have an extension in the debt limit or raising of the debt limit and republicans aren't going to give that up. that's their wedge. >> all they got. >> which...
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at this point ben bernanke isn't rumplestiltskin. even if this cliff deal is inacted, we'll say good luck in a month with the debt ceiling. in terms of the real economy and stocks, profits importantly have benefited tremendously in recent years from lower interest expense and low growth wage. so at some point the tail winds are going to end. >> you guys were expecting 5% in stocks for 2012, obviously the s&p 500 has done 11.5% heading into today with a whole slew of issues that have been facing us. has that surprised you what the market has been has resilient as it has been given a long list of laundry issues? it is not like your tune has changed here. you guys have been on the steady, more droward drum beat and they just have not panned out that way. >> well, we forecasted 5% in the bond market, although the total return fund is done 10% plus. the 10% plus in the stock market has come at the cast of ben bernanke and the check writing. to the extent that continues, you'll see money move out from bonds into risk assets and i think tha
at this point ben bernanke isn't rumplestiltskin. even if this cliff deal is inacted, we'll say good luck in a month with the debt ceiling. in terms of the real economy and stocks, profits importantly have benefited tremendously in recent years from lower interest expense and low growth wage. so at some point the tail winds are going to end. >> you guys were expecting 5% in stocks for 2012, obviously the s&p 500 has done 11.5% heading into today with a whole slew of issues that have...
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a lot of people say the ben bernanke rally. plugging money into the economy, but also a lot of regular people and hedge fund managers, pull out. so you might have missed it. >> a lot higher -- >> i should check it more often. docs don't check stuff this often. >> we can help each other, my friend. you keep us healthy, we'll make you rich. >>> second of state is spending new year's eve in the hospital, sadly. because of a blood clot. the latest on her condition, just ahead. >>> and the kardashian clan about to get bigger. kim's big announcement. watch us any time at your desk top or mobile phone, go to cnn.com/tv. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for
a lot of people say the ben bernanke rally. plugging money into the economy, but also a lot of regular people and hedge fund managers, pull out. so you might have missed it. >> a lot higher -- >> i should check it more often. docs don't check stuff this often. >> we can help each other, my friend. you keep us healthy, we'll make you rich. >>> second of state is spending new year's eve in the hospital, sadly. because of a blood clot. the latest on her condition, just...
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the so-called fiscal cliff was coined by ben bernanke. the story from "roll call." "it could be reached over this weekend." were heard from the house rules committee chairman yesterday. they are taking steps in advance to extend these tax cuts. a deal could be on the floor today if there is an agreement. from "the washington times" this morning. "offers fly, but still no agreement" is the headline. mitch mcconnell bypassed senator reid to speak directly to the vice president. host: mark is joining us. your thoughts from manassas, a virginia. caller: good morning. thank you for c-span. we voters know this country has a lot of issues going forward. if they can take a bite out of these difficult issues one at a time, how will they make sure this country is put on a better footing? this is item number one in a list of hundredsd. -- in a list of hundreds. they are not willing to raise any taxes. just rolling back some of the bush-era tax cuts. when you're having issues, you have to make tough choices. host: thank you for the call. the damage may be done. some of the comm
the so-called fiscal cliff was coined by ben bernanke. the story from "roll call." "it could be reached over this weekend." were heard from the house rules committee chairman yesterday. they are taking steps in advance to extend these tax cuts. a deal could be on the floor today if there is an agreement. from "the washington times" this morning. "offers fly, but still no agreement" is the headline. mitch mcconnell bypassed senator reid to speak directly...
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huffington post ben. plus, the latest on secretary of state hillary clinton's health concerns and how the new benghazi report and succession at stake will impact the white house's other looming cabinet concerns. and the president officially puts gun control on his second term agenda. can his new priority become a reality? all that when "now" starts in a mere 180 seconds. keep my eye o. but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare.
huffington post ben. plus, the latest on secretary of state hillary clinton's health concerns and how the new benghazi report and succession at stake will impact the white house's other looming cabinet concerns. and the president officially puts gun control on his second term agenda. can his new priority become a reality? all that when "now" starts in a mere 180 seconds. keep my eye o. but, i didn't always watch out for myself. with so much noise about health care... i tuned it all...
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. >> byron is wrong, ben afleck will get best director for argo. which is an excellent movie, and i think you know, he's very popular, in hollywood, and i think that he did an excellent job with his movies and does great acting in it and the other movie that i think will be up will be "zero dark 30" though there is criticism because of the torture stuff and hollywood doesn't like those kinds of things. >> chris: let's move on, the economy. >> i think the fed's zero interest rate policy will be more of a problem than people realize today. and, there will be a crisis, people will understand, the need for monetary policy, not just fiscal policy and the gold standard, ridiculed, will come back into serious discussion as a way to constrain the fed's endless money to finance our endless deficit. >> chris: senator. >> housing, which led us into the recession and caused the financial panic because of housing relate instruments, has held the recovery back, the last few years and now it will start overperforming and help lead the economy toward a better grow
. >> byron is wrong, ben afleck will get best director for argo. which is an excellent movie, and i think you know, he's very popular, in hollywood, and i think that he did an excellent job with his movies and does great acting in it and the other movie that i think will be up will be "zero dark 30" though there is criticism because of the torture stuff and hollywood doesn't like those kinds of things. >> chris: let's move on, the economy. >> i think the fed's zero...
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fed chair ben bernanke warned that if these cuts went through, and we're looking at a deadline that's 16 hours away, the country risked going over what he called a fiscal cliff. since the president's re-election, he and republicans have traded offers and counteroffers, finding little common ground on tax increases and cuts from entitlements. president obama and speaker boehner met one on one. nothing happened. the speaker offered plan "b," never got enough support within his own party. here we are all over again. do we have tom coburn? joining us now from capitol hill, republican senator from oklahoma, senator tom coburn. senator, thanks for being with us. >> you're welcome. >> so, why, first of all, does this deadline tonight matter? and i heard you make comments yesterday out on the streets of washington to a reporter that you think we're going to go over the cliff? >> i do. >> okay. >> i do. let me take issue with a couple of things you said. >> okay. >> number one is we haven't cut the first penny yet from the federal government, and it's important people know that. what happened
fed chair ben bernanke warned that if these cuts went through, and we're looking at a deadline that's 16 hours away, the country risked going over what he called a fiscal cliff. since the president's re-election, he and republicans have traded offers and counteroffers, finding little common ground on tax increases and cuts from entitlements. president obama and speaker boehner met one on one. nothing happened. the speaker offered plan "b," never got enough support within his own...
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you're looking at live pictures on the right there, big ben in london. six minutes away right now from the new year in london. you're looking at live pictures over there. we'll show you some of the excitement at the top of the hour. we're still more than five hours away from new year's eve here on the eastern time zone of the united states. looking at live pictures from times square right now. the party is already getting started, as it always done a little earlier. in key west florida, that's where john zarrella is standing by. walk us through what is happening tonight in key west, john. >> reporter: sure, wolf. they have been partying all day in key west. we're on duval street, home of the famous bourbon street pub and the red stiletto. that's where sushi the drag queen will be coming down in the shoe at midnight. we're staped down here, been down here for ten years and the crowd is gathering. folks who wanted to be in "the situation room," right? >> right. >> where are you from? >> indiana. >> indiana? >> where the snow is deep. >> it's colder there t
you're looking at live pictures on the right there, big ben in london. six minutes away right now from the new year in london. you're looking at live pictures over there. we'll show you some of the excitement at the top of the hour. we're still more than five hours away from new year's eve here on the eastern time zone of the united states. looking at live pictures from times square right now. the party is already getting started, as it always done a little earlier. in key west florida, that's...
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also a shout out to chris, sabrina, nathan, and ben. love you guys. happy holidays. >>> good morning. i'm carol costello. significant health scare for secretary of state hillary clinton. she is in a new york hospital this morning undgoing treatment for a blood clot. doctors think it is tied to a fall and concussion she suffered earlier this month. we now have aerials of the fatal bus crash in oregon that killed nine people and injured at least 26. the charter bus was returning sunday morning to vancouver, british columbia, for las vegas when it skidded on ice and crashed through a guard rail. the cause of the crash is now under investigation. >>> and there is word venezuelan president hugo chavez is suffering from new complications in his cancer treatment. venezuela's vice president says chavez's state of health is delicate. chavez is undergoing treatment in cuba. he has not been seen in public for weeks. >>> and one hour from now we're going to learn more about the terrorist attack on the u.s. consulate in libya. now, a senate committee will discuss
also a shout out to chris, sabrina, nathan, and ben. love you guys. happy holidays. >>> good morning. i'm carol costello. significant health scare for secretary of state hillary clinton. she is in a new york hospital this morning undgoing treatment for a blood clot. doctors think it is tied to a fall and concussion she suffered earlier this month. we now have aerials of the fatal bus crash in oregon that killed nine people and injured at least 26. the charter bus was returning sunday...
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had one before, you are at higher risk, and if you travel a lot, the blood flow may be compressed, benning your legs like that, and with the concussion, one of the things she was told was to rest. not easy for her to do, i can tell you for a fact. that may be part of the inactivity. >> and we don't know what the cause is. back in 1998, it was deep vain thrombosis. >> dvt, a clot in one of the leg veins, in and of itself, not a problem, but it can break off and go to the lungs, called a pulmonary embolism, she is on blood thinners, and you treat the brain clot. this is within one of the blood vessels in her legs. they haven't told us. >> what do they do about this? once you have had an episode of dvt, what's the treatment? >> blood thinners, you want to tip the balance a little bit so you are more likely to break up the clot. the downside, rumor likely to bleed if you injure yourself. it's a careful balance and that's the monitoring in the hospital right now. >> i heard people say if you travel a lot you should take the low-dose aspirin is that true? >> baby aspirin. a lot of people take it
had one before, you are at higher risk, and if you travel a lot, the blood flow may be compressed, benning your legs like that, and with the concussion, one of the things she was told was to rest. not easy for her to do, i can tell you for a fact. that may be part of the inactivity. >> and we don't know what the cause is. back in 1998, it was deep vain thrombosis. >> dvt, a clot in one of the leg veins, in and of itself, not a problem, but it can break off and go to the lungs,...
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ank you. >> i'm ben hopkins. i'm from argentine sou wales. now, i understand that there are other issues we have been talking about today that some people perceive as even more important than the national minimum wage. for example, education, employment, but i ask you, members of the youth parliament. what are we before employees? before apprentices? we are people. we are human beings. we are all human beings. no matter what age, be we 18 or 38. don't we all then deserve the same minimum wage? because how can we solve problems that require -- how do we sort out problems to do with citizens of the uk. when we can't sort out issues that have to do wh human beings. ank you very much. >> how about hearing from a woman from the southeast. who have we got some you have tried several times. please. >> from sou totingham, sir we look up in disgunfight and disbelief at discrimination. the u.s. after the civil war, racism. britain in the 180000s, sexism. it wasn't until someone had the initiative to stand up and say, this is wrong, that discrimination
ank you. >> i'm ben hopkins. i'm from argentine sou wales. now, i understand that there are other issues we have been talking about today that some people perceive as even more important than the national minimum wage. for example, education, employment, but i ask you, members of the youth parliament. what are we before employees? before apprentices? we are people. we are human beings. we are all human beings. no matter what age, be we 18 or 38. don't we all then deserve the same minimum...
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. >> what do we know about the people behind the attack in ben ga zazzi. >> they're driven by a belief that they're in a war with the american people. >>> why did an american soldier walk into an afghan village and kill 16 civilians. >> they will not stop me. i will getmy education, if it is in homes, schools, or anyplace. >>> the s.e.a.l. who calls himself mark owen describes it. >> so after osama bin laden is wounded, he's still moving, you shot him twice? >> three or four times. >> when somebody talks about the particulars of how those operations are conducted, it tells our enemies essentially how we operate. >>> jerry sandusky, the former penn state assistant football coach is charged with assaulting -- >> this is the most graphic creeping testimony i've ever heard. >> they convicted john edwards on one count, accepting illegal campaign contributions. >> while i don't believe i did anything illegal, i did an awful lot wrong. >> secret service agents partied hard. >> the government is investigating reports of unprofessional behavior. >> the fbi uncovered evidence of an affair betwee
. >> what do we know about the people behind the attack in ben ga zazzi. >> they're driven by a belief that they're in a war with the american people. >>> why did an american soldier walk into an afghan village and kill 16 civilians. >> they will not stop me. i will getmy education, if it is in homes, schools, or anyplace. >>> the s.e.a.l. who calls himself mark owen describes it. >> so after osama bin laden is wounded, he's still moving, you shot him...
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you also saw ben affleck who is always a hot guy in hollywood. blew people away with his direct orrial skills, daniel day lewis as "lincoln," hugh jackman in "les miserables" and ann hathaway, of course. i saw it last night. it blew me away. >> what about music? >> one of the best years like ever for taylor swift. >> ever, ever! >> she had "we're never ever getting back together," the best kiss-off anthem ever. that was number two on my best songs of the year list actually. and gotier who came out of nowhere from australia with somebody i used to know, this very odd duet that sort of took over the charts. we also had fun with "we are young," this new rock trio that had a song called "some nights" and carly rae jepsen. "call me maybe." you can listen to it on the treadmill for the entire 40 minutes and it works. >> we haven't even mentioned gangnam style yet. >> are we ready to retire? come the new year -- >> i say that until it comes on the radio. >> i see willie with one of these. >> we'll be singing it tonight. >> happy new year. we're back aft
you also saw ben affleck who is always a hot guy in hollywood. blew people away with his direct orrial skills, daniel day lewis as "lincoln," hugh jackman in "les miserables" and ann hathaway, of course. i saw it last night. it blew me away. >> what about music? >> one of the best years like ever for taylor swift. >> ever, ever! >> she had "we're never ever getting back together," the best kiss-off anthem ever. that was number two on my best...
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they are fringe ben 50s of the military and there is it a lot of uncertainty for you and your family. they are the most population in the united states. moving from base to base. you don't know what type of access you are going to get. they are indiscriminate. >> and you are likely to see a increase in tricare. explain that. right now tricare fees have not gone up the way health care fees have gone up in the civilian side. there is a depressed for sometime . you can see them dramatical low increased and three times as much as they are today . they could pay $600 or less than that . there is big increases in what they are paying for tricare. >> and defense contractors. it will not be purchased again . pete, thank you for joining us . happy new year and hopefully better news in the new year. >> coming up. mickey mouse on mercurrie . coolest out year . live to times scare . it is a chilly morning with a sneak preview of the preps underway and people are starting to gather out there already. at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your p
they are fringe ben 50s of the military and there is it a lot of uncertainty for you and your family. they are the most population in the united states. moving from base to base. you don't know what type of access you are going to get. they are indiscriminate. >> and you are likely to see a increase in tricare. explain that. right now tricare fees have not gone up the way health care fees have gone up in the civilian side. there is a depressed for sometime . you can see them dramatical...